Innovation Creating Opportunity

A major component of the Office of Technology Investments is the Ohio Third Frontier, an internationally recognized technology-based economic development initiative that is successfully changing the trajectory of Ohio's economy. The $2.1 billion initiative supports existing industries that are transforming themselves with new, globally competitive products and fostering the formation and attraction of new companies in emerging industry sectors. Ohio Third Frontier provides funding to Ohio technology-based companies, universities, nonprofit research institutions, and other organizations to create new technology-based products, companies, industries, and jobs.